Worked with an agent via a referral and landed this centrally located home that comes with a 1BR/1BA casita in the back.

Based on comps I could get about $2,200 a month in rent. that breaks down to :-$1,100 (+) -$600 = -$1,700 in mortgage/HEL$2,200 -$1,700 =$500.00 profitOr the Home Equity Agreement I get the $62k cash with no payment.

@Andrew Moresi I have been looking around, I found a couple promising properties online and am also in contact with a realtor.

Certain lenders can accept higher than 50%, and may be able to execute even with an exception. 

I agree with @Aaron Zimmerman—setting up your chart of accounts to align with Schedule E/1040 or 1065, depending on your type of entity, will again take some of the heavy lifting come tax time.

Hello Gagan, Some important tools and resources I incorporate into my business to help finding deals is to network with local investors.

Not a good one to go with.

I agree with @Peter H Derry, the neck area will boom over the next 5-10 years.

Deal with one of the large accounting/tax companies that have an international network.2.

Need help with suggested business names/slogans I should use.